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An analyst expects that a companys net sales will double, and a companys net income will triple over the next five-year period starting now. Based

An analyst expects that a companys net sales will double, and a companys net income will triple over the next five-year period starting now. Based on the analysts expectations, which of the following best describes the expected compounded growth rate in:

Net Sales Net Income

A) 20% 40%

B) 20% 25%

C) 15% 40%

D) 15% 25%

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